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Germany stocks mixed at close of trade; DAX down 0.24%

Stock MarketsApr 07, 2021 12:15PM ET
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© Reuters. Germany stocks mixed at close of trade; DAX down 0.24%

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Retail, Insurance and Financial Services sectors led shares higher while losses in the Technology, Industrials and Consumer & Cyclical sectors led shares lower.

At the close in Frankfurt, the DAX fell 0.24%, while the MDAX index climbed 0.06%, and the TecDAX index declined 0.31%.

The best performers of the session on the DAX were Beiersdorf AG O.N. (DE:BEIG), which rose 2.52% or 2.250 points to trade at 91.480 at the close. Meanwhile, Deutsche Wohnen AG (DE:DWNG) added 1.84% or 0.750 points to end at 41.580 and Deutsche Bank AG NA O.N. (DE:DBKGn) was up 1.45% or 0.150 points to 10.470 in late trade.

The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.23% or 5.50 points to trade at 241.20 at the close. Covestro AG (DE:1COV) declined 1.96% or 1.140 points to end at 57.120 and Adidas AG (DE:ADSGN) was down 1.95% or 5.39 points to 271.23.

The top performers on the MDAX were HelloFresh SE (DE:HFGG) which rose 6.08% to 67.72, Deutsche Lufthansa AG (DE:LHAG) which was up 3.42% to settle at 11.585 and Carl Zeiss Meditec AG (DE:AFXG) which gained 2.01% to close at 134.300.

The worst performers were Duerr AG (DE:DUEG) which was down 4.81% to 35.240 in late trade, Hella KGaA Hueck & Co (DE:HLE) which lost 3.29% to settle at 47.29 and Software AG (DE:SOWGn) which was down 2.56% to 35.830 at the close.

The top performers on the TecDAX were New Work SE (DE:NWOn) which rose 5.13% to 246.00, Carl Zeiss Meditec AG (DE:AFXG) which was up 2.01% to settle at 134.300 and Siltronic AG (DE:WAFGn) which gained 1.28% to close at 138.300.

The worst performers were Software AG (DE:SOWGn) which was down 2.56% to 35.830 in late trade, Aixtron SE (DE:AIXGn) which lost 2.42% to settle at 19.125 and Draegerwerk VZO O.N. (DE:DRWG_p) which was down 1.85% to 69.150 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 418 to 259 and 74 ended unchanged.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.70% to 17.97 a new 52-week low.

Gold Futures for June delivery was down 0.07% or 1.25 to $1741.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.96% or 1.16 to hit $58.17 a barrel, while the June Brent oil contract fell 1.75% or 1.10 to trade at $61.64 a barrel.

EUR/USD was up 0.12% to 1.1889, while EUR/GBP rose 0.65% to 0.8643.

The US Dollar Index Futures was down 0.04% at 92.312.

Germany stocks mixed at close of trade; DAX down 0.24%
 

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